It is clear that stakeholders want to have a direct say in company affairs more and more often. Locally 83% think that the government’s influence is the greatest, and this percentage closely approximates the globally polled 85%. This is not surprising because, as the last year’s survey showed, CEOs are concerned about the effects of the government’s and regulators’ decisions on their businesses both in Hungary and globally.
Increasing importance of the state and an increasingly active government are not unique to Hungary. Since the start of the crisis, regulators worldwide have assumed an active role for themselves and do not limit their role to shaping market developments. While the creation of fiscal stability is a priority for every government, the balance can be improved only if there are sufficient earnings and profits. As a result, companies worldwide increasingly have to accept their respective government as a permanent negotiating partner.